#BTC #ETH Review of the flight situation from midnight to afternoon, Bitcoin has been oscillating in a high range. After rising sharply in the early hours, it experienced a pullback correction, falling back to the 108530 line in the morning before the bulls began to recover. Currently, it is oscillating around 109200. The altcoin also rebounded after falling back to the 2555 line in the morning and has now reached below the 2600 mark, continuously testing upwards. Late at night, Lao Hu also suggested a short position at high levels, with Bitcoin and Ethereum shorts capturing 1067 points and 41 points, respectively.

　　From a four-hour perspective, yesterday the bulls strongly executed a six consecutive green candles, pulling the price up to the 109600 line, then faced pressure and retreated. The current price is running below the upper Bollinger Band, with significant resistance at the 110,000 mark. Technical indicators show MACD bullish momentum is diminishing, indicating insufficient short-term upward momentum. On the daily level, MACD is still above the zero axis, and the upward trend has not completely changed. The RSI value is around 60, not entering the overbought zone, suggesting a certain short-term pullback pressure. However, the risk of chasing high positions is extremely high, so it is still recommended to focus on shorting after a rebound at high levels during the day.

　　Operation Suggestions

　　Bitcoin: Can short near 109600, target 108000.

　　Altcoin: Can short near 2620, target 2520.